Zillow, Trulia Get Juiced

However, the moves might be coming from more technical traders

Shares of real estate site Zillow (NASDAQ:Z) finished up a sizzling 7% on Monday, and rival Trulia (NYSE:TRLA) bumped up 5% — without any seemingly catalytic company-specific news, though we did get news of some big-time optimism in the housing market.

Another possibility is that fast traders are playing up the dot-coms for a quick move. Keep in mind that Zillow and Trulia plunged in early November, so this might be a filling of the gap on the charts.

That said, investors who look at the fundamentals should steer clear for now.

Based in Silicon Valley, Tom Taulli is in the heart of IPO land. On a regular basis, he talks with many of the top tech CEOs and founders trying to find the next hot deals and finding out which start-ups are stinkers.

A long-time follower of the IPO scene, back in 1999 Tom started one of the first sites in the space called WebIPO. It was a place where investors got research as well as access to deals for the dot-com boom. Tom also wrote the top-selling book, Investing in IPOs. In it, he covers all the aspects of analyzing an IPO, such as reading the prospectus, detecting the risk factors and understanding some of the arcane regulations. But don’t worry — if that process is too intimidating for you, thankfully Tom will do the legwork for you right here in the IPO Playbook blog.

Tom is routinely quoted in the media about upcoming deals with his interviews on CNBC and Bloomberg TV, but he is eager to take your questions too. You can message him on Twitter at @ttaulli. And feel free to weigh in via the comments section on any of his IPO Playbook posts.